Category Archives: Real World Economics
Calling All Rebel Economists!
Calling all rebel economists! December 3, 2014 from Richard Wolff This project is important and long-overdue to undo the narrow orthodoxy that has suffocated diversity and heterogeneity and social criticism within the discipline (sic) of economics. I am glad to spread … Continue reading
25 Graphics Showing Upward Redistribution of Income and Wealth in USA Since 1979
25 graphics showing upward redistribution of income and wealth in USA since 1979 February 25, 2011David F. RuccioLeave a commentGo to comments from David Ruccio I assemble a presentation on inequality on a regular basis for my Principles of Microeconomics course. … Continue reading
The Reform is a Tall Order in China
The Reform is a Tall Order in China Post Categories: China Joe Zhang | Monday, November 24, 2014, 10:21 Beijing Despite suggestions the private sector is gaining ground on the mainland, state-owned firms are more dominant than ever, with the … Continue reading
The Teaching of Economics in Crisis
The teaching of economics is in crisis. November 24, 2014 An international student call for pluralism in economics It is not only the world economy that is in crisis. The teaching of economics is in crisis too, and this crisis has consequences far … Continue reading
Modern Econometrics: A Mixture of Metaphysics and Bluff
Modern econometrics — a mixture of metaphysics and bluff November 16, 2014 from Lars Syll [Haavelmo’s] effort to create foundations for the probability approach in econometrics finally results in an inconsistent set of claims in its defence. First, there are vast amounts … Continue reading
Russia’s Vulnerability to the EU-US Sanctions & Military Encroachments
Russia’s Vulnerability to the EU–US Sanctions & Military Encroachments Post Categories: Canada James Petras | Wednesday, November 12, 2014, 4:27 Beijing Introduction The US-EU sponsored coup in the Ukraine and its conversion from a stable Russian trading partner, to a … Continue reading
MSE (“Mainstream” Economics) What is “True” is not New, What is “New” is not True: Abraham Lincoln and the Road to Despotism
Abraham Lincoln and the road to despotism November 14, 2014 from David Ruccio It is a glaring omission in his otherwise remarkable discussion of the relationship between Karl Marx and Abraham Lincoln, An Unfinished Revolution, that Robin Blackburn neither discusses nor does he include … Continue reading